P.D. No. 1 and regional development: What happened?

Fernando Fajardo 09/20/2018

On this day in 1972, Marcos issued Proclamation No 1081 putting the country under martial law. Three days later, Marcos issued P.D. No. 1 which approved and adopted as part of the law of the land the…

Cebu’s population and agriculture through the years

Fernando Fajardo 09/13/2018

With 2.01 percent annual growth rate, Cebu’s population is projected to reach 4.9 million this year In the last census in 2015, Cebu was reported to have a population of 4.6 million. Still the biggest in the…

Inflation? It’s the train, stupid!

Fernando Fajardo 09/06/2018

Inflation is now running at 6.4 percent. What can you do to overcome this? The answer depends on your station in life. If you are one of those with P250,000 in annual income, you have nothing much…

Flood in the city, do you care?

Fernando Fajardo 08/30/2018

Just an hour or less of rain yesterday, and voila, we find many places in the Cebu City and Mandaue City being flooded. Must we suffer from floods every time it rains? It used to be that…

Teacher’s mounting loans: whose problem is it?

Fernando Fajardo 08/23/2018

This year, the total number of permanent civilian and military/uniformed plantilla positions in the national government is about 1.71 million of which more than 1.46 million are filled and 247 thousand unfilled. Of the total number of…

Train brought down 2nd quarter GDP growth

Fernando Fajardo 08/09/2018

The Philippine economy grew by 6.0 percent in the second quarter of 2018. This is down from the 6.6 percent growth rate recorded in the same period last year and the much higher 6.9 percent growth rate…

The Cebu-led Central Visayas economic performance

Fernando Fajardo 08/02/2018

With almost 70 percent of the Central Visayas Gross Domestic Product (GDP) coming from Cebu, it is safe to say that the region’s economic growth is Cebu-led. Last year, the Central Visayas GDP increased in real terms…

The galleon trade killed Cebu as an entrepot

Fernando Fajardo 07/26/2018

Cebu is strategically located at the center of the Visayas Islands, which as a group is also the center of the Philippines. Thus, even before the coming of the Spaniards, Cebu had been known already to have…

Central Visayas GDP is 69 percent from Cebu

Fernando Fajardo 07/19/2018

There were errors in my article last week. This is the corrected version of the article which I overhauled as a whole in view of its importance in helping us gauge the real size of the economy…

Cebu GDP and economic structure

Fernando Fajardo 07/12/2018

The gross domestic product or GDP measures the total value of all the final output of goods and services produced in the country at current prices or at constant base year prices. Final product means that intermediate…

Inflation worsens the poor’s well-being

Fernando Fajardo 07/05/2018

If your income now is still the same as last year, the 5.2 percent inflation rate in June announced yesterday by the government means that you are now 5.2 percent poorer if you belong to the fifth…

Tambay is caused by poor governance

Fernando Fajardo 06/28/2018

The presence of tambays is a sign of poor governance that plagued our nation ever since greedy politicians took over the reins of government after our independence. They are there for the “fund” of it or because…

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